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The Rhode Island banking crisis took place in the early 1990s, when approximately a third of the US state of Rhode Island 's population lost access to funds in their bank accounts. The events were triggered by the failure of a Providence bank, Heritage Loan & Investment, due to long-term embezzlement by its president.
Centreville Bank is a state chartered bank based in West Warwick, Rhode Island. It operates 9 branches in the Rhode Island cities of Coventry, Cranston, East Greenwich, Narragansett, North Kingstown, West Greenwich, Warwick and West Warwick, [1] [2] as well as a Loan Production Office in Providence. After the acquisition of Putnam Bank in 2020 ...
Citizens was established in 1828 as the High Street Bank in Providence, Rhode Island. [10] [11] In 1871, the Rhode Island legislature gave a second charter to establish the Citizens Savings Bank which eventually acquired its parent group to form Citizens Trust Company.
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Webster was founded in 1935 by Harold Webster Smith as the First Federal Savings of Waterbury in Connecticut. Only 24 years old, Smith borrowed from family and friends to found the lending institution providing home loans to Connecticut citizens. He served as CEO until 1987 and as chairman of the board until 1995 when First Federal was renamed ...
The Smithfield Exchange Bank (also known as the Resolved Waterman Tavern or Greenville Tavern), built in 1822, is located on Putnam Pike in the Greenville area of Smithfield, Rhode Island. History [ edit ]
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...